US Authorities Extradite UK Citizen Behind 2020 Twitter Hack, SIM Swap Crypto Theft
[May 9, 2023 7:30 PM] Twenty-three-year-old Joseph O’Connor, known by his handle PlugWalkJoe, was arrested in Spain in 2021.
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Declaration Of Monetary Independence To Reappear At Bitcoin 2023
[May 9, 2023 5:25 PM] Disclaimer: Bitcoin 2023 and Bitcoin Magazine are both operated by BTC Inc.The Declaration of Monetary Independence (DoMI), which made an impressive debut at Bitcoin 2022 in Miami Beach, will once again be on display at Bitcoin 2023. The 9-foot by…
Bitcoin Moves Sideways at $27.5K as Investors Await CPI Inflation Reading
[May 9, 2023 5:02 PM] Equities slid. Investors will be watching Wednesday's release of the April Consumer Price Index for clues about the Federal Reserve's next monetary policy decision.
SEC Blasted on Custody Proposal by JPMorgan, Crypto Firms and a Fellow Agency
[May 9, 2023 3:34 PM] The U.S. Securities and Exchange Commission (SEC) went too far when it proposed a new rule demanding investment firms safeguard all of their clients’ assets – including crypto – with approved custodians, according to an array of critics not often…
President Raisi Calls on Central Bank of Iran to Ditch US Dollar in Trade, Shift to National Currencies
[May 9, 2023 3:30 PM] Iranian president Ebrahim Raisi has called on the Central Bank of Iran to lay the groundwork necessary to ditch the U.S. dollar for bilateral trade settlements and to make the switch to use the Iranian real whenever possible. The Central Bank of…
Market Makers Jane Street, Jump Retreating From U.S. Crypto Trading: Bloomberg
[May 9, 2023 3:21 PM] The move comes as U.S. regulatory scrutiny of the crypto industry has intensified, Bloomberg reported.
Aragon Cancels Planned Community Control of $200M Treasury Amid Battle With Activist Investors
[May 9, 2023 2:33 PM] The Swiss organization alleged investors including Arca were mounting a 51% attack.
Marathon Teams Up With Abu Dhabi's Zero Two for Middle East's First Large-Scale Liquid Cooled Bitcoin Mining
[May 9, 2023 2:14 PM] The U.S.-based miner is teaming with Zero Two, a digital assets infrastructure development company focused on supporting the power grid of Abu Dhabi.
Litecoin Transactions Hit Record High as Bitcoin Fees Surge Amid BRC-20 Frenzy
[May 9, 2023 1:59 PM] Transaction fees on the Bitcoin blockchain have hit a two-year high due to the growing popularity of so-called BRC-20 tokens.
Coinbase Works to Fix Wallet Support for Ethereum Staking Withdrawals Stuck in Limbo
[May 9, 2023 1:56 PM] According to Coinbase’s customer support, “Our systems currently do not support deposits to Coinbase ETH addresses from external validators… Funds may be stuck until we are able to support these transactions.”
Worldcoin Launches World App to Bolster Decentralized Identity and Finance for Mass Adoption
[May 9, 2023 1:30 PM] Worldcoin, the project supported by Openai CEO Sam Altman, has launched the World App to complement the release of World ID. The application aims to democratize decentralized identities and finance by utilizing World ID to enable users to sign into…
Bitcoin Cash Rises 11% but Gains Could Be Short-Lived
[May 9, 2023 12:56 PM] The token was up 11% on the day, but analysts think the cryptocurrency will not be able to sustain its gains.
Heavyweight Hedge Fund Arca Joins Activist Fight Against DAO Builder Aragon
[May 9, 2023 11:05 AM] The crypto investment fund sent a letter demanding Aragon conduct buybacks of its ANT token.
Ex-Coinbase Product Manager Sentenced to 2 Years in Prison for Insider Trading
[May 9, 2023 10:06 AM] A former Coinbase employee was sentenced to two years in prison on Tuesday weeks after pleading guilty to insider trading charges, according to a report from Reuters.
Bitcoin Community Divided: Scaling Challenges Trigger Intense Debate as Mempool Overflows
Crypto Media Outlet Blockworks Raises $12M at $135M Valuation
[May 9, 2023 9:21 AM] The 10T Holdings-led round had a $135 million post-money valuation.
DeFi Broker Prime Protocol Introduces Bridgeless Cross-Chain Token Transfers
[May 9, 2023 9:00 AM] The protocol aims to eliminate the need for token bridges, wraps and swaps to make moving crypto tokens between blockchains safer.
Bull Bitcoin Launches No-KYC Purchasing Through Canadian Post Office
[May 9, 2023 8:59 AM] Canadian Bitcoin exchange, Bull Bitcoin, has launched a new no-KYC (know-your-customer) service which enables users to buy bitcoin with cash or debit card. Users can go to any Canadian Post office, scan the QR code generated on the Bull Bitcoin…
Xapo Bank to Enable Tether Deposits, Withdrawals
[May 9, 2023 8:40 AM] The crypto-friendly bank announced earlier in the year support for USDC services.
Human Rights Foundation Grants $455,000 To Bitcoin Projects Worldwide
[May 9, 2023 8:00 AM] The Human Rights Foundation (HRF) has granted $455,000 to a dozen projects worldwide through its Bitcoin Development Fund. The grants focus on improving Bitcoin scaling, privacy, decentralization, global education, censorship-resistant…
Crypto Security Firm Dfns Adds Biometric Support to Wallet Development Toolkit
[May 9, 2023 8:00 AM] The addition will allow wallet developers to incorporate Face ID, fingerprints, and other convenient authentication methods into their products.
NFT Project Pudgy Penguins Raises $9M
[May 9, 2023 7:28 AM] The fundraise comes after a leadership change that led to an increased focus on utilizing the intellectual property.
DCG Looks to Refinance Outstanding Genesis Obligations, Raise Growth Capital
[May 9, 2023 7:18 AM] The crypto conglomerate may owe its bankrupt lending division hundreds of millions in loan payments.
Bankrupt Crypto Exchange QuadrigaCX Will Start Interim Distribution for Some Users, EY Says
[May 9, 2023 7:17 AM] EY will make the procedure to file the claims public in the coming weeks,
Cipher Mining Buys 11,000 Crypto Mining Rigs From Canaan, Reaches 6 EH/s Hashrate
[May 9, 2023 6:18 AM] Cipher has an eye on hashrate of 8.2 EH/s by the end of the year.
Galaxy Digital Posts $134M First-Quarter Profit on Strong Showing for Crypto Market
[May 9, 2023 6:12 AM] The figure compares with a net losses of $111.7 million in the year-earlier period and $288 million in the fourth quarter.
Hut 8's Alberta Bitcoin Mine Running at 15% Installed Hashrate Due to Electrical Issues
[May 9, 2023 5:28 AM] The firm has been facing operational issues as it tries to complete a merger with U.S. Bitcoin Corp.
Alameda Research Receives $57M From Crypto Exchange OKX
[May 9, 2023 5:27 AM] Alameda Research-controlled wallets hold over $240 million worth of various cryptocurrencies.
Bitcoin Trades at Nearly $650 Premium on Binance.US
[May 9, 2023 4:36 AM] The widening discrepancy between the bitcoin price on Binance's U.S. arm and global counterparts has some observers worried about impending legal action directed at the unit.
Ether Staking Deposits Top Withdrawals for First Time Since Shapella Upgrade
[May 9, 2023 4:21 AM] The divergence comes amid a meme coin frenzy that has pushed up fees on the Ethereum blockchain.